“Shares of BlackBerry fell 3 percent on Monday after U.S. home improvement retailer Home Depot Inc said it is replacing the BlackBerry smartphones it provides its executives and managers with Apple Inc’s iPhone,” Reuters reports.

“The news is a setback for BlackBerry as it fights to retain its base of big corporate clients and government agencies,” Reuters reports. “The company hopes the make-or-break new line will help it win back market share ceded in recent years to the likes of Apple… The news of Home Depot’s defection sent BlackBerry shares 3.8 percent lower to $15.86 in afternoon trading on the Nasdaq on Monday…”

Reuters reports, “Stephen Holmes, a spokesman for Home Depot, confirmed an earlier report on the Apple Insider blog site that the retailer was issuing iPhones to almost 10,000 executives, managers and corporate staffers who currently use the BlackBerry.”

Read more in the full article here.

Related articles:
Home Depot dumps beleaguered BlackBerry for Apple iPhone; 10,000 employees to get upgrade – February 9, 2013
U.S. NTSB dumps beleaguered RIM BlackBerry over reliability issues, switches to Apple iPhone 5 – November 20, 2012
U.S. Immigration and Customs (ICE) dropping RIM BlackBerry and purchasing 17,000 Apple iPhones – October 19, 2012
Yahoo CEO Marissa Mayer chooses Apple iPhones over Android phones for all 10,000+ employees – August 21, 2012
Lowes deploys 42,000 iPhones as mobile holiday shopping booms – November 21, 2011
Oracle: How does an 80,000-person organization use Apple iPhones? – July 28, 2009